NEW YORK, Feb. 22 /PRNewswire-FirstCall/ -- Royce Value Trust, Inc. has declared a cash dividend of $0.36875 per share on its 5.90% Cumulative Preferred Stock, based on an annual rate of 5.90% of the initial liquidation preference of $25.00 per share. The dividend is to be paid on March 23, 2005, to stockholders of record at the close of business on March 7, 2005 (ex- dividend March 3, 2005).
The Preferred Stock, which trades on the New York Stock Exchange under the symbol "RVT.prb", is rated 'aaa' by Moody's and has an annual dividend rate of $1.475 per share.
A portion of the distribution will be treated as long-term capital gains. Long-term capital gains will be allocated pro-rata to all distributions for the year. The final determination of the source of all distributions in 2005 will be made at the end of the year.
Royce Value Trust, Inc. is a closed-end diversified management investment company whose shares of Common and Preferred Stock are listed and traded on the New York Stock Exchange. Its primary investment goal is long- term capital growth, which it seeks by investing at least 75% of its assets in equity securities primarily of small- and micro-cap companies.
For further information on The Royce Funds(SM), please visit our web site at: http://www.roycefunds.com/.
Royce Value Trust, Inc.
The Preferred Stock, which trades on the New York Stock Exchange under the symbol "RVT.prb", is rated 'aaa' by Moody's and has an annual dividend rate of $1.475 per share.
A portion of the distribution will be treated as long-term capital gains. Long-term capital gains will be allocated pro-rata to all distributions for the year. The final determination of the source of all distributions in 2005 will be made at the end of the year.
Royce Value Trust, Inc. is a closed-end diversified management investment company whose shares of Common and Preferred Stock are listed and traded on the New York Stock Exchange. Its primary investment goal is long- term capital growth, which it seeks by investing at least 75% of its assets in equity securities primarily of small- and micro-cap companies.
For further information on The Royce Funds(SM), please visit our web site at: http://www.roycefunds.com/.
Royce Value Trust, Inc.
